easyJet plc

BATS-CHIXE:EZJL Stock Report

Market Cap: UK£3.9b

easyJet Valuation

Is EZJL undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

3/6

Valuation Score 3/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of EZJL when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Discounted Cash Flow
Simply Wall St
UK£1.44
Fair Value
264.7% overvalued intrinsic discount
21
Number of Analysts

Below Fair Value: EZJL (£5.24) is trading above our estimate of fair value (£1.44)

Significantly Below Fair Value: EZJL is trading above our estimate of fair value.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for EZJL?

Key metric: As EZJL is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for EZJL. This is calculated by dividing EZJL's market cap by their current earnings.
What is EZJL's PE Ratio?
PE Ratio8.7x
EarningsUK£452.00m
Market CapUK£3.93b

Price to Earnings Ratio vs Peers

How does EZJL's PE Ratio compare to its peers?

The above table shows the PE ratio for EZJL vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average9.7x
JET2 Jet2
7.2x-0.5%UK£3.6b
WIZZ Wizz Air Holdings
12.3x27.9%UK£1.8b
IAG International Consolidated Airlines Group
5.7x6.2%UK£13.2b
IDS International Distribution Services
13.7x27.1%UK£3.5b
EZJL easyJet
8.7x8.5%UK£3.9b

Price-To-Earnings vs Peers: EZJL is good value based on its Price-To-Earnings Ratio (8.7x) compared to the peer average (9.7x).

Price to Earnings Ratio vs Industry

How does EZJL's PE Ratio compare vs other companies in the Global Airlines Industry?

3 CompaniesPrice / EarningsEstimated GrowthMarket Cap
No. of Companies8PE0612182430+
3 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: EZJL is good value based on its Price-To-Earnings Ratio (8.7x) compared to the Global Airlines industry average (9x).

Price to Earnings Ratio vs Fair Ratio

What is EZJL's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

EZJL PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio8.7x
Fair PE Ratio12.9x

Price-To-Earnings vs Fair Ratio: EZJL is good value based on its Price-To-Earnings Ratio (8.7x) compared to the estimated Fair Price-To-Earnings Ratio (12.9x).

Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

The above table shows the analyst EZJL forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentUK£5.24
UK£6.83
+30.4%
15.2%UK£9.00UK£4.80n/a21
Apr ’26UK£4.52
UK£6.92
+53.2%
14.6%UK£9.00UK£5.70n/a21
Mar ’26UK£5.05
UK£7.00
+38.7%
14.2%UK£9.00UK£5.70n/a21
Feb ’26UK£5.13
UK£7.02
+36.9%
14.2%UK£9.00UK£5.70n/a21
Jan ’26UK£5.62
UK£7.01
+24.7%
15.8%UK£9.00UK£4.80n/a21
Dec ’25UK£5.53
UK£6.72
+21.5%
14.4%UK£8.50UK£4.80n/a21
Nov ’25UK£5.20
UK£6.63
+27.5%
13.9%UK£8.50UK£4.80n/a21
Oct ’25UK£5.01
UK£6.54
+30.6%
14.8%UK£8.50UK£4.80n/a20
Sep ’25UK£4.77
UK£6.52
+36.7%
15.2%UK£8.50UK£4.80n/a19
Aug ’25UK£4.33
UK£6.61
+52.7%
13.7%UK£8.50UK£5.25n/a19
Jul ’25UK£4.52
UK£7.04
+55.7%
10.8%UK£8.50UK£5.25n/a19
Jun ’25UK£4.60
UK£7.06
+53.5%
10.9%UK£8.50UK£5.25n/a19
May ’25UK£5.36
UK£7.10
+32.5%
10.8%UK£8.50UK£5.25UK£5.1219
Apr ’25UK£5.67
UK£6.85
+20.9%
12.9%UK£8.50UK£4.75UK£4.5218
Mar ’25UK£5.56
UK£6.81
+22.6%
12.7%UK£8.50UK£4.75UK£5.0518
Feb ’25UK£5.54
UK£6.63
+19.7%
16.6%UK£8.75UK£4.50UK£5.1319
Jan ’25UK£5.08
UK£6.28
+23.5%
21.1%UK£8.75UK£4.50UK£5.6219
Dec ’24UK£4.68
UK£6.19
+32.3%
21.4%UK£8.75UK£4.50UK£5.5319
Nov ’24UK£3.70
UK£6.19
+67.3%
22.1%UK£8.75UK£4.15UK£5.2019
Oct ’24UK£4.30
UK£6.48
+50.8%
19.4%UK£8.75UK£4.50UK£5.0119
Sep ’24UK£4.24
UK£6.52
+53.8%
19.0%UK£8.75UK£4.50UK£4.7719
Aug ’24UK£4.53
UK£6.52
+44.1%
19.0%UK£8.75UK£4.50UK£4.3319
Jul ’24UK£4.83
UK£6.35
+31.5%
19.2%UK£8.75UK£4.50UK£4.5219
Jun ’24UK£4.72
UK£6.29
+33.5%
19.5%UK£8.75UK£4.30UK£4.6018
May ’24UK£4.97
UK£5.96
+19.9%
16.1%UK£8.25UK£4.30UK£5.3616
AnalystConsensusTarget
Consensus Narrative from 21 Analysts
UK£6.83
Fair Value
23.3% undervalued intrinsic discount
21
Number of Analysts

Analyst Forecast: Target price is more than 20% higher than the current share price, but analysts are not within a statistically confident range of agreement.

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/05/04 06:33
End of Day Share Price 2025/05/02 00:00
Earnings2024/09/30
Annual Earnings2024/09/30

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

easyJet plc is covered by 53 analysts. 20 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
David FintzenBarclays
Andrew LobbenbergBarclays
Conor DwyerBerenberg